About 59 million people received a Social Security benefit in 2014. Social Security is a key source of retirement income for older Americans: about 23 percent of people age 65 and older live in families that depend on Social Security benefits for 90 percent or more of their income. Another 25 percent receive at least half but less than 90 percent of their family income from Social Security. Reliance on Social Security increases with age, with nearly one third of persons aged 80 and older depending on Social Security for 90% or more of family income. In 2013, Social Security kept 33 percent of older Americans out of poverty.
Washington, DC – Americans of all ages continue to have strong feelings of support for Social Security, according to results of an AARP survey released this week as we celebrate the 80 th Anniversary of Social Security on August 14, 2015.
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